Vesta, a Lake Oswego, Ore.-based provider of fraud protection and fully guaranteed payment technologies, secured $125m in growth capital.
Private equity firm Goldfinch Partners made the investment.
The company intends to use the funds to invest in growth and continue the global deployment of its fraud protection and e-commerce payment solutions.
Led by Ron Hynes, CEO, Vesta enables e-commerce companies to grow their businesses by focusing on revenue rather than risk, with its zero-risk and zero-liability payment guarantee. The company’s real-time decisioning platform – built on data science and machine learning – analyzes customers’ online payment transactions to assess the risk of fraud. Today, Vesta provides its service to partners in the telecommunications and e-commerce industries and allows merchants to integrate through shopping cart plug-ins, including Magento, Shopify, Salesforce, WooCommerce, BigCommerce and SAP Commerce Cloud.